(1009) Senior Compliance Analyst - RMCD at South African Reserve Bank

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Develop, maintain and embed SARB Group compliance management frameworks, methodologies, processes and systems and embed related policies.
• Develop risk management quality criteria and perform quality reviews on risk management outcomes.
• Identify, collate, analyse and report on legislative developments to the SARB Group.
• Analyse and assess the impact of emerging compliance risks on the SARB Group and report thereon.
• Identify training needs, develop a training plan for compliance risk management and conduct related training.
• Facilitate priority 1 legislation compliance risk management processes in the SARB Group in accordance with the SARB Group Compliance Management Framework.
• Compile, coordinate and monitor the implementation of the Risk Management and Compliance Department (RMCD) compliance risk treatment action plans, and provide integrated reporting on compliance risk management outcomes and activities to the SARB Group’s executives and risk oversight committees.
• Lead the development of the organisation-wide and SARB Group regulatory universe in collaboration with stakeholders, and coordinate and embed compliance risk and continuous risk management across the SARB Group (key risk indicators, compliance risk incidents and emerging risks).
• Develop compliance and regulatory risk awareness campaigns to educate stakeholders, influence behaviour and promote a positive and proactive compliance risk management culture across the SARB Group.
• Analyse risk data and information on the various compliance risk management plans (cross-cutting) to identify trends, interconnectedness and commonalities, create compliance risk reporting, and derive reliable business intelligence/insights for management to enable decision-making. 
• Manage internal and external stakeholder relationships to manage compliance risks effectively.
• Research and benchmark leading compliance risk management processes and developments and propose improvement accordingly.
• Analyse and understand the SARB’s environment (internal and external) to support and guide the identification of compliance risks and opportunities to enable decision-making.
• Provide input on integrated risk management processes (i.e. policies, methodologies and frameworks).
• Monitor the implementation of the RMCD compliance risk treatment action plans, and report on their progress and impact on risks. 
• Drive a positive culture within the division and department.
• Manage the performance of team members and promote and support career management and development, where applicable.
• Oversee the integration of RMCD and other specialised risk areas.

Qualifications

To be considered for this position, candidates must be in possession of:

• the minimum of an Honours degree (NQF 8) in Compliance Management, Risk Management, Auditing or an equivalent qualification; and 
• the minimum of 8–10 years of experience in the relevant environment (audit, information technology and risk) and at least three years’ supervisory experience.

The following would be an added advantage:

• Compliance Practitioner (SA) and Certified Anti-Money Laundering Specialists certification.